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105 Bridge Street

Craig, MT 59648

$1,200,000
Commercial Sale Listing
3,056 SqFt

Summary

Izaak's Restaurant: The Ultimate Montana Legacy Acquisition.This distinct opportunity to acquire Izaak's Restaurant, with a Full All-Beverage Liquor & Gaming License, is a profitable Turnkey business & a cherished culinary destination located in Craig, Montanathe world-renown Fly Fishing destination located on the Missouri River. This business has every asset necessary for success & solid expansion, with 3 lots adjacent to the Missouri River with River Views & proximity to fishing lodges & cabins. The MT Full All-Beverage Liquor & Gaming License, provides reliable income. This property has a designated Farm Bill Land Status which has 2 Greenhouses, lends to Farm-to-Table model with access to USDA grants. Name, Website, social media & Recipes for high-end comfort food. Fully equipped kitchen, bar & dining area including a Patio/Deck with a Stage this place is ready for immediate operation & year-round expansion. This is more than a sale; it's an invitation to own a Montana icon... The value of Izaak's starts with its location adjacent to the banks of the mighty Missouri River. Craig, MT, is an international site for fly-fishing, attracting a steady stream of tourists who enjoy good food, drinks & sometimes a little gambling from early March through late November. The restaurant offers views of the Missouri River, providing a friendly atmosphere that guests simply cannot find elsewhere. The property is strategically located amidst fishing lodges, cabins, and outfitter operations, making it the essential social, dining, and entertainment hub for the entire community of anglers and guides. The dedicated patio/deck with a stage for entertainment and outdoor dining directly capitalizes on the Montana setting, providing another revenue stream from live music and events against a beautiful natural backdrop. Izaak's is a Full package built upon Montana's most valuable commercial assets: Full Liquor and Gaming License: This valuable license grants Full All-Beverage authority and the right to operate state-regulated Gaming Machines (Casino). Given the strict population-based limits on licenses in Montana, this asset provides an immediate reliable source of passive, high-margin revenue that acts as a financial stabilizer. Full Equipment Inventory: The restaurant is completely equipped for high-volume operation, including two walk-in coolers, walk in freezer, a full commercial kitchen, and all bar and dining furnishings. Historic Atmosphere: The inviting interior features a curated Montana aesthetic, highlighted by local artwork and working 1910 wood stove, creating a cozy, memorable guest experience. Proven Profitability with Expansion Potential: Currently profitable on a seasonal model (March to November), the existing infrastructure is fully prepared to transition to expanded hours and/or a year-round operation, capitalizing on breakfast & lunch & winter recreation and the consistent gaming income. Izaak's has created a marketable identity as a cherished restaurant in the region, centered on its high-end comfort food served in a relaxed, friendly atmosphere. The sale provides the new owner with all existing, successful recipes, ensuring seamless continuity of the menu. This includes the famed Walleye dish and highly-rated BBQ, which draw repeat clientele from across the Western U.S. The land is designated with a farm bill attached, officially designating the operation as a true farm. Financial Advantage: The farm status provides access to valuable USDA grants and value-added funding for small businesses. The operation utilizes two fully functional greenhouses, one of which is heated, enabling the year-round cultivation of specialty herbs and produce for a genuine Farm-to-Table experience.The inclusion of three parcels of land right on the main street close to I-15 a main highway through the state of Montana for easy access. For Year-Round Revenue- Utilize the heated greenhouse and gaming revenue to operate 12 months a year, capturing off-season income.Physical Expansion- Can build up to expand capacity, increase the casino floor, or develop lodging/rental cabins to service the surrounding fishing industry.Entertainment Maximization - Utilize patio stage with regular music and events, dramatically increasing bar and food revenue during peak hours.Retail Branding - Leverage the Farm Status and proprietary recipes to develop and sell a branded retail line of sauces, rubs, or specialty farm goods.This is the chance for a determined owner-operator (who loves to fish) or strategic investor to acquire a fully functioning, Montana legacy and guide it into a new era of prosperity.Izaak's Restaurant is a proven successready for you to carry on its legacy.

Details

  • Type
    Building/Land
  • Approx Sq Feet
    3,056
  • Cooling
    Central Air
  • Heating
    Forced Air, Wood Stove
  • Utilities
    Electricity Connected, High Speed Internet Available, Propane, Phone Connected, See Remarks
  • Days on Market
    11
  • Listing Courtesy of
    The Front Agency
  • MLS #
    30060393

Location

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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

All property data and market statistics are pulled from Big Sky Country MLS.

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